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Macro - Country Economic Forecasts - Netherlands

Publisher Oxford Economics
Published Dec 16, 2025
Length 8 Pages
SKU # OFE20686034

Description

We forecast the Dutch economy to grow by 1.6% in 2025 and 0.5% in 2026. Trade uncertainty will likely make businesses reluctant to invest. Tariffs will lower the Netherlands' direct exports to the US by making them more expensive and hit demand for Dutch-produced inputs into other countries' US-bound exports. We expect inflation to average 3.3% in 2025 and 2.0% in 2026, with the tariff-related hit to demand and energy prices helping the disinflationary process.

Table of Contents

8 Pages
Netherlands: Inflation goes down as industrial output goes up
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

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